August 6, 2004 [SolarAccess.com] A letter of intent to Xantrex Technology could lead to a US$ 800,000 order for 28 GT100E grid-tie inverters. The inverters, which are designed specifically for the European market, can convert 100 kW of DC produced by solar photovoltaic (PV) panels. Multiple units are required for large power installations. Xantrex also received an order for two units from German solar products distributor Alternative-Energie-Technik. The two ordered units are scheduled for delivery in the third quarter of 2004.